Eligible Businesses: |
New or existing firms requiring financial assistance for the competitive skill development of new hires or existing workers. To be eligible, firms must:
- Pay wages equal to, or above, 85% of the average wage for that occupation in the given labor market, and
- Contribute 50% or more of the premium cost of employee health insurance. Small businesses with fewer than 25 employees, and in business less than 3 years, are exempt from the health insurance requirement.
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Program Summary: |
The Governor's Training Initiative may be used to provide partial reimbursement for the cost of non-routine workforce training, that contributes to workforce expansion, and/or the retooling of existing workers for new technologies, processes or markets. Eligible training includes workplace literacy, high performance skills, technical training, higher education, and on-the-job training.
Preference will be given to applications that exhibit:
- Formation of a local project partnership
- Provision of matching funds
- Investment in lifelong learning
- Increase in local training capacity
- Provision of quality employment
- Location in a depressed labor market
- Willingness to hire targeted populations
- Provision of registered apprenticeship
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Program Example: |
An Aroostook County firm needed to retrain 20 maintenance workers for industrial/electrical skill requirements. The Northern Maine Community College developed a customized Master Electrician course specific to the company's industrial requirements. GTI provided the company with partial reimbursement for the cost of upgrading maintenance workers to Licensed Master Electricians.
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| Program Valuation Example: |